Fintech Scion Limited
Fintech Scion Limited provides digital banking services by providing the tools and solutions to facilitate payment services to merchants, offering various secured, online, and managed transactions and settlements. The company's payments platform hosts a suite of integrated payment products and services that are used across multiple channels and industry verticals, including end-to-end payment pro… Read more
Fintech Scion Limited (FINR) - Total Assets
Latest total assets as of September 2024: $20.90 Million USD
Based on the latest financial reports, Fintech Scion Limited (FINR) holds total assets worth $20.90 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Fintech Scion Limited - Total Assets Trend (2019–2023)
This chart illustrates how Fintech Scion Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fintech Scion Limited - Asset Composition Analysis
Current Asset Composition (December 2023)
Fintech Scion Limited's total assets of $20.90 Million consist of 20.6% current assets and 79.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 17.9% |
| Accounts Receivable | $59.97K | 0.3% |
| Inventory | $12.00K | 0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $34.71K | 0.2% |
| Goodwill | $16.66 Million | 79.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how Fintech Scion Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Fintech Scion Limited's current assets represent 20.6% of total assets in 2023, a decrease from 65.2% in 2019.
- Cash Position: Cash and equivalents constituted 17.9% of total assets in 2023, down from 35.5% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 79.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 79.0% of total assets.
Fintech Scion Limited Competitors by Total Assets
Key competitors of Fintech Scion Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Fintech Scion Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Fintech Scion Limited generates 0.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Fintech Scion Limited is currently not profitable relative to its asset base.
Fintech Scion Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.02 | 2.25 | 0.02 |
| Quick Ratio | 1.01 | 2.25 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $71.87K | $ 2.57 Million | $ -4.65 Million |
Fintech Scion Limited - Advanced Valuation Insights
This section examines the relationship between Fintech Scion Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.83 |
| Latest Market Cap to Assets Ratio | 0.62 |
| Asset Growth Rate (YoY) | -67.0% |
| Total Assets | $21.08 Million |
| Market Capitalization | $13.12 Million USD |
Valuation Analysis
Below Book Valuation: The market values Fintech Scion Limited's assets below their book value (0.62 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Fintech Scion Limited's assets decreased by 67.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Fintech Scion Limited (2019–2023)
The table below shows the annual total assets of Fintech Scion Limited from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $21.08 Million | -66.97% |
| 2022-12-31 | $63.83 Million | +34779.67% |
| 2021-12-31 | $182.99K | -24.22% |
| 2020-12-31 | $241.48K | +35.06% |
| 2019-12-31 | $178.80K | -- |